GREETINGS FROM NYC!We had great earnings out from LRCX and NOK. Markets are flattish — but we are +66bps and rising. I think much of this rally continuing has more to do with earnings than Iran. Last night there were UNSUBSTANTIATED rumors by 3rd tier X accounts of resumed bombing in Iran and that sent...Read More

The only thing that stops me from making it larger is the recent run up. God willing, we can see some retrenchments in some of my favs in order to bulk size them. We started a new position in ARM today and the CPU narrative is a core idea of mine. There is a shortage...Read More

Upon resolution of today’s decline, I was immediately beset by messages of doom — panicans worried about the future that has yet to materialize — as if TRAPPED inside of a CAR short position. We gave back 57bps for the session, ending our great big beautiful winning streak thanks to rising oil and the specter...Read More

It was a close call, but we pulled out a gain of 1bps for the session, extending BCW’s winning streak to 14 consecutive green sessions. SPY closed lower by 20bps, but risk was def still on in spite of all of the handwringing over the Iran war. Over the next two weeks we have a...Read More

The HBM/NAND memory shortages and subsequent spot price spikes have spilled into the CPU market as well, really providing shares of INTC and AMD with significant tailwinds.Intel Exec Confirms CPU Price Increases For OEMs Amid Supply CrunchIt’s not just memory anymore: AI data centers are taking all the CPUs, tooIntel Weighs China CPU Shortages Against Expanding...Read More